000 a
999 _c31057
_d31057
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020 _a9780241556849
082 _a650.1
_bLIS
100 _aList, John A.
245 _aVoltage effect : how to make good ideas great and great ideas scale
260 _bPenguin Business,
_c2022
_aLondon :
300 _a265 p . ;
_c24 cm
365 _b799.00
_cINR
_d01
504 _aIncludes bibliographical references and index.
520 _aA leading economist answers one of today's trickiest questions: Why do some great ideas make it big while others fail to take off? "Scale" has become a favoured buzzword in the start-up world. But scale isn't just about accumulating more users or capturing more market share. It's about whether an idea that takes hold in a small group can do the same in a much larger one-whether you're growing a small business, rolling out a diversity and inclusion program, or delivering billions of doses of a vaccine. Translating an idea into widespread impact, says University of Chicago economist John A. List, depends on one thing only: whether it can achieve "high voltage"-the ability to be replicated at scale. In The Voltage Effect, List explains that scalable ideas share a common set of attributes, while any number of attributes can doom an unsalable idea. Drawing on his original research, as well as fascinating examples from the realms of business, policymaking, education, and public health, he identifies five measurable vital signs that a scalable idea must possess, and offers proven strategies for avoiding voltage drops and engineering voltage gains. You'll learn: How celebrity chef Jamie Oliver expanded his restaurant empire by focusing on scalable "ingredients" (until it collapsed because talent doesn't scale) Why the failure to detect false positives early on caused the Reagan-era drug-prevention program to backfire at scale How governments could deliver more services to more citizens if they focused on the last dollar spent How one education centre leveraged positive spill overs to narrow the achievement gap across the entire community Why the right set of incentives, applied at scale, can boost voter turnout, increase clean energy use, encourage patients to consistently take their prescribed medication, and more. By understanding the science of scaling, we can drive change in our schools, workplaces, communities, and society at large. Because a better world can only be built at scale.
650 _aStrategic planning
650 _aPolitical science
650 _aSuccess in business
650 _aEntrepreneurship Construction of a scale
650 _aAirline industry
650 _a Automobile safety
650 _a Benefit-cost analysis
650 _a Confirmation bias
650 _aCovid-19 pandemic
650 _aDiminishing marginal safety
650 _a False positives
650 _aFinancial incentives
650 _aGenetic analysis
650 _a Healthcare
650 _aIndividualism
650 _a Netflix
650 _aOpportunity cost
650 _aSituation, representativeness
650 _aScientific wellness, social norms
650 _aTransportation
650 _aUp-front cost
650 _a Voltage drops
650 _aGood ideas
650 _aSocial impact
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